In the UAE, there are many investors from India who invest in real estate. The UAE, especially Dubai, is considered attractive for real estate investment due to its stability, relatively high rental income and ease of buy property in Dubai for foreigners.
Although it is important to note that many of these investors are individuals or family businesses, not well-known corporate investors, and their names are generally not disclosed to the public. In addition, many of them invest through real estate funds or other forms of collective investment, making their names even less visible.
Some prominent Indian businessmen such as Mukesh Ambani and Savitri Jindal have invested in real estate in the UAE in the past, but they represent only a small fraction of the total number of Indian investors in the country.
Known property owners in Dubai from India
Many famous personalities from India, especially from the Bollywood entertainment industry, have connections with Dubai.
- Shah Rukh Khan: One of the most famous Indian actors, Shah Rukh Khan owns a luxurious property on the Palm Jumeirah in Dubai. He often spends his holidays in Dubai with his family.
- Abjit Bachchan and Aishwarya Rai Bachchan: This famous couple also own real estate in Dubai. They often visit the city both for leisure and for work purposes.
- Mohanlal: The famous Malayalam actor, Mohanlal, also has ties to Dubai. He owns real estate and even opened a restaurant in the city.
See also top 5 celebrities who made money on real estate investments in all over the world. https://whotimes.com/top-5-celebrities-who-made-money-on-real-estate-investments/
These are just a few of the many celebrities from Bollywood and other Indian entertainment industries who have ties to Dubai. Moreover, Dubai often serves as the venue for major events and festivals of the Bollywood entertainment industry.
Who can invest in Dubai property?
It is worth noting that most of the population of India lives in conditions that do not allow them to invest in real estate abroad. In India, according to the World Bank, approximately 22% of the population lives below the poverty line, and many more live below the average. These groups of people will most likely not be able to invest in property in Dubai or anywhere else outside of India.
On the other hand, among the upper class and rich people in India, those who have significant savings and access to financial services, the percentage of those who could potentially invest in property in Dubai will be much higher.
The general Indian diaspora in the UAE also contributes to real estate investment. Many Indians working and living in the UAE invest in real estate in the country.
Why investing in Dubai is only for the rich?
Remember that every great journey starts with a small step. If you have a dream of owning property in Dubai, let that dream be your main driver and inspiration. Don’t let a temporary lack of funds make you give up on your dreams. The most important thing is to believe in yourself and your abilities. Instead of focusing on what you don’t already have, focus on how you can achieve it. Start small, create a savings plan, strategize to increase your income, and stick to that plan diligently. Always remember that your passion, determination and hard work is your most valuable currency. Time and patience also play an important role. It doesn’t matter how long it takes you to reach your goal – the important thing is that you go for it and don’t give up. Your dream of owning a property in Dubai is not just a dream, it is an opportunity that you can achieve with your perseverance and faith in yourself.